logo
Sai Life Sciences shares surge 11% in 2 days on strong Q1 earnings

Sai Life Sciences shares surge 11% in 2 days on strong Q1 earnings

Sai Life Sciences share price: Shares of Sai Life Sciences hit a new high of ₹874.80, as they rallied 6 per cent on the National Stock Exchange (NSE) in Monday's intra-day trade.
In the past two trading days, the stock price of the pharmaceutical company has surged 11 per cent after it reported strong earnings for the quarter ended June 2025 (Q1FY26). It has bounced back 38 per cent from its 52-week low of ₹635.30 touched on April 9, 2025.
At 01:59 PM, Sai Life Sciences was quoting 5 per cent higher at ₹873.60, as compared to a 0.63 per cent rise in Nifty 50. The average trading volumes on the counter jumped over threefold. A combined of around 2.4 million shares changed hands on the NSE and BSE.
Sai Life Sciences made its stock market debut on December 18, 2024. Currently, the stock is trading 59 per cent over its issue price of ₹549 per share. Track LIVE Stock Market Updates Here
Sai Life Sciences Q1 results
In Q1FY26, Sai Life Sciences, an innovator-focused, contract research, development and manufacturing organisation (CRDMO), reported profit after tax at ₹60 crore, driven by healthy revenue from operations. The company had posted a loss of ₹13 crore in the year-ago quarter (Q1FY25).
Earnings before interest, tax, depreciation, and amortisation (Ebitda) stood at ₹125 crore, surging 303 7.6 per cent year-on-year (Y-o-Y). Margins improved to 25 per cent from 11 per cent. Margins expansion driven by operating leverage, scale efficiencies, and improved productivity across the company's sites.
Revenue from operations grew 77 per cent Y-o-Y at ₹496 crore, against ₹280 crore in Q1FY25. The revenue growth was led by 113 per cent growth in the CDMO segment and a 38 per cent rise in Discovery revenues, enabled by deeper engagement with global clients.
During the quarter, the company inaugurated new Biology Labs that significantly strengthen the company's Integrated Discovery platform and enhance the ability to handle greater molecular complexity.
Sector outlook
The $250 billion global CRDMO market, comprising $90 billion in Contract Research (CROs) and $160 billion in CDMOs, is projected to grow at a 13 per cent compounded annual growth rate (CAGR) through FY27, with CROs growing at 10 per cent and CDMOs at 14 per cent.
While global CDMO players shift focus to large molecules, Indian firms are capitalising on the small molecule CRDMO gap, benefiting from cost-efficient manufacturing, increased FDI, and government initiatives like the PLI scheme. Additionally, the US's efforts to diversify from China present opportunities for India's CDMO sector, said Aditya Birla Capital in an IPO note.
About Sai Life Sciences
The company offers integrated solutions spanning medicinal chemistry, process development, clinical and commercial manufacturing, and advanced technology platforms.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Export outreach widened to 50 countries to negate US tariff hit
Export outreach widened to 50 countries to negate US tariff hit

Time of India

time16 minutes ago

  • Time of India

Export outreach widened to 50 countries to negate US tariff hit

Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel India is expanding its export outreach to 50 countries including in West Asia and Africa to reduce reliance on any single market and mitigate the risks of trade disruptions amid the steep 50% tariffs imposed by the 50 countries account for about 90% of India's exports. The ministry of commerce and industry is working product by product to improve India's exports competitiveness, officials said."The idea is to tap top 50 countries and look at each product and the competitors. India must mitigate risks to improve manufacturing and export competitiveness," said an official. This exercise to explore alternative markets is being done with export promotion bodies and is crucial as India's merchandise exports in June were flat at $35.14 week, the US doubled the tariffs on its imports from India to 50% at par with Brazil and the highest on any country in a move marking an escalation of trade tensions between the two the initial 25% duty came into effect last week, the additional 25% is effective August 27. Sectors such as marine products, textiles, leather, gems and jewellery, are expected to be severely hit by the adds to the concern is that competing manufacturing hubs such as Turkey, Vietnam and Thailand face significantly lower tariffs of 15%, 20% and 19% respectively, making Indian products relatively less competitive in the US market."The Indian gem and jewellery sector, in particular, stands to be severely impacted. The US is our single largest market, accounting for over $10 billion in exports-nearly 30% of our industry's total global trade. A blanket tariff of this magnitude is severely devastating for the sector," said Kirit Bhansali, chairman, GJEPCThe government is also working on a strategy to safeguard India's exports from American tariffs. This includes offering tailor-made schemes under the proposed Export Promotion Mission for the affected sectors, diversion of goods to other geographies, and identifying products with less export orders that could be diverted to meet the domestic government was already focusing on 20 countries to increase exports but now 30 more have been included in the also said that the possibility of trade rerouting through low-tariff destinations such as Mexico, Canada, Turkey, UAE, or Oman-undermining the spirit of legitimate trade and impacting transparency, is another concern.

‘90% of India makes less than  ₹25,000…': Jay Kotak slams  ₹50,000 minimum bank balance rule
‘90% of India makes less than  ₹25,000…': Jay Kotak slams  ₹50,000 minimum bank balance rule

Mint

time41 minutes ago

  • Mint

‘90% of India makes less than ₹25,000…': Jay Kotak slams ₹50,000 minimum bank balance rule

ICICI Bank is facing heat after hiking its savings account minimum balance by 5 times, and this time veteran banker Uday Kotak's son Jay Kotak has spoken up against the move. In a post on X without explicitly mentioning the ICICI Bank minimum balance hike, Jay Kotak said 90 per cent of Indians make less than ₹ 25,000 a month. 'Every Indian must access our financial sector. 90% of India makes less than ₹ 25,000 a month. A ₹ 50,000 minimum balance implies a sum equal to ~94% of Indians monthly income is to be left with the bank at all times, else a fee!,' he said. Jay Kotak, who leads Kotak Mahindra Bank's digital banking arm Kotak 811, said digital first is the way to go. 'Implication: physical cost to serve may be high. Digital first is the way. If banks don't do it, fintechs will. Banking should be for all Indians.' The ICICI Bank minimum balance for savings account has been hiked from ₹ 10,000 to ₹ 50,000 for urban accounts. MAB (Minimum Account Balance) for semi-urban locations and rural locations have also been increased five times ₹ ₹ 25,000 and ₹ 10,000, respectively, according to information available on the ICICI Bank website. Non-maintenance of ICICI Bank minimum balance will attract penalty, the bank said. The lender will charge 6 per cent of the shortfall in required MAB, or ₹ 500, whichever is lower, if you stay in an urban area and cannot maintain ₹ 50,000 account balance. The changes are applicable to ICICI Bank savings accounts opened on or after August 1. The minimum balance remains ₹ 5,000 for old customers in rural and semi-urban areas. For old urban customers, the minimum account balance should be maintained at ₹ 10,000. The ICICI Bank minimum balance hike was criticised by many, with social media users calling the move discriminatory and elitist. A user wrote, 'In a country where 23 crore people live below the poverty line, ICICI thinks ₹ 50,000 is a 'minimum'. Masterstroke!' In a letter to the finance secretary, 'Bank Bachao Desh Bachao Manch' termed the private lender's decision as "unjust and regressive". 'This retrograde decision undermines the principle of inclusive banking,' the forum's joint conveners, Biswaranjan Ray and Soumya Datta, claimed.

Flipkart Minutes adds gourmet range to attract buyers seeking premium products
Flipkart Minutes adds gourmet range to attract buyers seeking premium products

Economic Times

timean hour ago

  • Economic Times

Flipkart Minutes adds gourmet range to attract buyers seeking premium products

Walmart-backed ecommerce platform Flipkart's quick commerce arm, Minutes, has expanded its offerings to include gourmet products in its product selection. 'With the launch of gourmet, we are not just expanding our assortment but also redefining what convenience means for India's growing modern consumers,' said Kabeer Biswas, vice president at Flipkart Minutes. 'Whether it's crafting an authentic Asian meal, baking at home, or simply discovering new tastes, our curated selection ensures they get quality products from their favourite brands, delivered in minutes at their doorstep.' Under the gourmet section, Flipkart Minutes has 650 products from 130 brands—international brands including Samyang, Nongshim, Barilla, and Abbie's, as well as Indian brands such as Habanero and WickedGud. Currently, Flipkart Minutes' gourmet offerings are live in Delhi, Mumbai, and Bangalore, with plans to expand to more cities. Interestingly, consumers in tier-2 markets are also showing a liking for these gourmet products. 'Tier 2 audiences are getting more conscious about trying global ingredients and new flavours, and are being open to non-traditional palettes. Quick commerce is leading at the moment,' said Griffith David, founder of Habanero. Need for premiumisation This development also comes at a time when the quick commerce segment is seeing increasing competition—making it more important than ever for platforms to differentiate from rivals. Another ecommerce giant, Amazon, has also joined the race of quick commerce through Now. After launching its service in Bangalore in June, Amazon expanded its quick commerce service to a few localities in Delhi in July. Besides, new players are also entering the online grocery delivery business by offering more premium and quality products. One such example is FirstClub. It is a new quick commerce platform that focuses on delivering a select range of premium products within 20-30 minutes. In September 2024, ET reported that Ayyappan R, former chief executive of Flipkart-owned Cleartrip, was set to launch FirstClub and was in talks with venture capital firms Accel and RTP Global for significant seed funding. Similarly, Mumbai-based LoveLocal is a hyperlocal delivery app for groceries, fresh vegetables, fruits, and other essentials. It connects users to their local kirana store or small supermarket to place their orders. Instead of speed, LoveLocal focuses on providing good quality and fresh products to its users.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store